Housing costs in Floyd?
A typical home costs
$125,000, which is 63.0% less expensive than the national average of
$338,100 and 53.2% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Floyd costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 27.5% cheaper than the state average of
$1,020.
Can I afford Floyd?
To live comfortably in Floyd, New Mexico, a minimum annual income of
$24,120 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Floyd?
The cost of living in Floyd, NM is quite reasonable. The average home price is lower than the national average, which makes it a great option for those looking to purchase a home in an affordable area. The median household income is also quite low compared to other areas of the country, making it an ideal location for those on a budget. Additionally, taxes are relatively low and there are plenty of amenities such as restaurants, grocery stores, and entertainment options to enjoy. Overall, Floyd is an attractive destination for those seeking an affordable place to live with plenty of activities and amenities.